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1. Free gift. A philanthropic organization sends out "free gifts" to people on their mailing list in the hope that the re- ceiver will respond by sending back a donation. Typical gifts are mailing labels, greeting cards, or post cards. They want to test out a new gift that costs $0.50 per item to produce and mail. They mail it to a "small" sample of 2000 customers and find a 90% confidence interval of the mean donation to be ($0.489, $0.879). As a consultant, what recommendation(s) would you make to the organization about using this gift?
2. Collections, part 2. The owner of the collection agency in Exercise 79 is quite certain that they can collect more than $200 per customer on average. He urges that the credit card company run a larger trial. Do you think a larger trial might help the company make a better deci- sion? Explain.
Problem 2: Compute the ending inventory using the perpetual inventory method for both LIFO and FIFO below:
steve and linda hom live in bartlesville oklahoma. two years ago they visited thailand. linda a professional chef was
what would the cost schedule of cost of goods manufactured look like and what does the income statement for cost of
p9-9 statement and note disclosure lcm and purchase commitment garth brooks specialty company a division of fresh
Going public establishes a market value for the firm's stock, and it also ensures that a liquid market will continue to exist for the firm's shares. This is especially true for small firms that are not widely followed by security analysts.
research the doctrine of promissory estoppel online. use an actual case to help you discuss the following questions
for the year the sales of software inc. were 323000 the cost of goods manufactured was 260000 the beginning inventories
What is the Accounting Equation? What is an account's normal balance? What is a Journal Entry? Why is it important to the accounting process?
at december 31 2014 mohling companys inventory records indicated a balance of 602000. upon further investigation it was
anders inc. has 5000 shares of 5 100 par value cumulative preferred stock and 20000 shares of 1 par value common stock
the entry to record the amortization of a premium on bonds payable on an interest payment date includes adebit premium
you have just been hired as a loan officer at fairfield state bank. your supervisor has given you a file containing a
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